Is it recommended to wholesale individual apartment units? I've been talking with a seller who wants to get rid of multiple units and I need advice on if to wholesale or not? If someone could let me know that would be...
Hi All,I am planning my first real estate investment and just found Bigger Pockets. I have been devouring their podcast and a few blog posts for about a month, which set me on the path for buying an owner-occupant dup...
I was recently under contract for an older apartment building and have backed out of the deal because of problems uncovered during the inspection process.
I'm now looking at another older building and I'd be interest...
My wife and I own two paid for homes. Our primary residence in Texas and our vacation/retirement home in Utah. When I retire, we are trying to decide if we should sell our Texas home or rent it. I have used the Bigger...
Hello to all my Chicago investors (and everyone else). I currently am looking for some guidance to help me narrow down my search for my 2nd property. I currently own a condo unit in the NW suburbs, but am looking for ...
Hello! I joined BiggerPockets today and look forward to networking and finding my way to time, location and financial freedom! I HAVE NEVER OWNED A HOME. Primary or rental.
Here is my current situation:
I'm 27 years...
Hello BP, Now that I'm in The Big Apple, my girlfriend and I are looking to get into REI and build our future here. As a professional trader, I am expecting to have a pretty good salary, so most of the REI business...
Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
SFH and multifamily housing in my backyard in the northwest suburbs of chicago are signicantly high, im talking some are almost at $400,000 just for a duplex in some areas witch is crazy to me, the only way to cashflo...
Hello,
I will be closing on a duplex purchase next month. Everything looks good so far. I am making a list of things to do after closing.
There are 2 washers and 1 dryer that will come with the purchase. I wanted ...